NEPSE Concludes The Week With 2.47% Loss and Turnover of Rs 49.40 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More

Part 1: Rundown and Technical Analysis

The NEPSE Index closed at 2,850.37 after losing 72.26 points (2.47%). The index closed at 2,922.63 last week, down 2.01 % from the previous week.

This week, the index reached a high of 2,923.88 and as low as 2,826.86, hence witnessing a volatility of 97.02 points. The index had seen volatility of 113.32 points in the previous week.

The highest intraday loss was 63.73 points on Sunday with a turnover of Rs 13.07 Arba; however, the total turnover stood at Rs 49.40 Arba this week.

 

Momentum Indicators

The RSI reading on the daily timeframe is 51.74. Meanwhile, the RSI reading on the weekly chart is 58.26.

Conversely, the MACD and Signal lines are in the Positive zone, i.e., with the MACD reading at 35.92.

Nepse Index is below both the 20-day Exponential Moving Average and the 5-day Exponential Moving Average. The Index below the shorter moving average indicates earlier bearish sentiment.

The 2,800 - 2,750 level may act as the nearest support, whereas the 3,000 -3,040 zone will act as a major resistance zone.

Part 2: Insight into Important Data

The highest intraday loss was 63.73 points on Sunday with a turnover of Rs 13.07 Arba; however, the total turnover stood at Rs 49.40 Arba this week. Over 12.86 Crore unit shares have been traded through 6,21,768 transactions this week. The current market capitalization of NEPSE is Rs. 4,757,760.65 million, i.e., Rs 47.57 Kharba.

NEPSE index and Sub-indices performance: (Gain/ loss is based on the previous week's close)

The NEPSE index decreased by 2.47% this week. Only one sector index is closed in the green.

Stocks with the highest Monthly Beta:

The top three companies with the highest beta are Three Star Hydropower Limited (TSHL), NADEP Laghubitta Bittiya Sanstha Limited (NADEP), and Shivam Cements Limited (SHIVM) with 1.834, 1.822, and 1.793, respectively. 

Top Ten Gainers of the Week:

Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) is the top gainer. SAMAJ closed at Rs. 2,805.53 with an increment of Rs. 433.14 (18.26%).
 

Top Ten Losers of the Week:

Sanvi Energy Limited (SANVI)'s price has decreased by 13.28%, and its LTP stands at Rs. 773.14. 

All the analysis is done with the SS Pro Software. To learn more about the software, click on the link below.

SSpro

Top Stocks by Turnover, Volume, and Number of Transactions:

Himalayan Reinsurance Limited (HRL) is the top-traded company of the week. Rs. 2.18 Arba worth of HRL shares were traded this week.

Top Buyers Brokers of the Week:

This week, Naasa Securities Company Limited (Broker No.- 58) was the top buyer broker and bought stocks worth Rs. 3.09 Arba.

Top 10 Bought Companies by Top Buyer Brokers:

Top Seller Brokers of the Week:

Naasa Securities Company Limited (Broker No.- 58) was the top seller broker for this week. The brokerage firm has sold stocks worth Rs. 3.40 Arba.

Top 10 Sold Companies by Top Seller Brokers:

All the analysis is done with the SS Pro Software. To learn more about the software, click on the link below.

 SSPro